I have alerts set up with IBKR for when my account is down more than 2% in a day. I got email notification this AM that it was down a bit over 3%. This has not really happened previously, or maybe it had once and I just don't remember.
While this could be due to a higher spreads over the weekend, I would expect the Monday to open with gap down. Luckily I had some shares called out to CCs, and CSPs expired, all on Friday, so I have about 25% of my account value in cash (which is even more concerning that the account is down over 3%).
What are everyone's thoughts on this? Are we going to see another low, or short term pullback and then ATH again?
Red Monday ahead, thoughts/plans?
byu/Vincent_Merle instocks
Posted by Vincent_Merle